J.J. Luna - Invisible Money, Hidden Assets, Secret Accounts

Invisible Money,

Hidden Assets,

Secret Banking

JJ Luna

2013 Editorial de la Islas LC. Calle/Benito Perez Armas 12, 35500 Arrecife de Lanzarote, Canary Islands, Spain. All Rights Reserved worldwide under the Berne Convention. This document may not be copied or distributed without prior written permission. Canary Islands Press makes no representation or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaims any implied warranties of merchantability or fitness for any particular purpose and shall in no event be liable for any loss of profit or any other commercial damage, including but not limited to special, incidental, consequential, or other damages.

Ah, take the Cash, and let the Credit go,

Nor heed the rumble of a distant Drum!

The Rubaiyat,
by Omar Khayyam

The information you are about to read is not mere theory. It is based upon my own personal experiences over a long lifetimeespecially in Spain, where I sometimes handled multiple shopping bags and briefcases stuffed with 1000-peseta bills. Within the pages of this book I will teach you how to brace yourself against robberies, burglaries, scheming family members, frivolous lawsuits, unscrupulous creditors, crooked PIs, overzealous cops, or a sneak-and-peek by the F.B.I.

Nothing that follows is to be construed as tax advice in the U.S. I pay my taxes and I urge you to pay yoursits not worth the risk to try and beat the IRS or Revenue Canada.

Most of the advice in this book will be geared to the personal aspects of your financial life. It can be difficult to remain invisible if you a high profile businessperson. However, in terms of your private life, the key to remaining invisible is to become best friends with cash.

On my website, which has been live since 2000, I have given two pieces of advice which I urge you to follow. One: Avoid borrowing money for personal reasons (such as to buy a home or a car). Two: Pay cash whenever you can. Lets take a look at this one in more depth

Four Advantages of Making Routine Purchases with Cash

Temptation Avoidance . Youll not make impulse purchases that you cannot afford. (It is much more difficult to make an impulse buy if you have to take cash out of your pocket to pay for it..)

No monthly payments on loans, no credit card interest, and no overdraft fees from your bank.

Lower prices . Youd be surprised at how much you can save by asking for a discount in return for paying with cash. For example, the next time a self-employed mechanic, plumber or electrician quotes you a price of, say, $1,200 plus sales tax, make a counter offer of $1,000 cash. More often than not, youll get that discount.

Protection against identity theft. Obviously, if you dont use a credit or debit card, you wont be asked for a drivers license that may (horror of horrors!) display your home address.

Five Reasons to Keep Major Amounts of Cash on Hand

When the banks in your area eventually shut down due to a power outage, terrorist attack, catastrophic computer malfunction or any other reason, youll be like the one-eyed man or woman in the kingdom of the blind.

Cash is king. If you spot the used car of your dreams at night or on a weekend, youll be able to beat out any other prospective buyers by offering cash on the spot.

Should you be caught far from home when all airports shut down (as they did on 9/11), rent-a-car agencies will run out of vehicles in a flash. But with cash you can pay a taxi driver whatever it takes to get to your destination, or even buy a used car and get there on your own.

If your ex- or current live-in lover turns against you (yes, Virginia, this has been known to happen), he or she wont be able to go after your cash when there is no clue that it exists.

Suppose you get a heads-up call from a friend at two oclock in the morning, telling you that someone is out to get you. Time to get outta Dodge! You grab your passport, all the cash youll need, laptop, cell phone, and hit the road! (Dont forget to either remove the cell phones battery, or else wrap it in aluminum foil that so it cannot be pinged. (Youre just bringing it so someone else cant get their hands on it. Youll buy a disposable one, if you need it, along the way.)

The Key to Success When Hiding Cash is to KEEP IT QUIET!

If youve already read my book How to be Invisible , youll know what caused the downfall of Stanley Rifkin. If not, the key point was that he secretly had $10.2 million transferred from a bank in Los Angeles to an overseas bank account and no one, absolutely no one knew about this not even the bank it was taken from . Sadly for Rifkin, be was unable to keep this information to himself. He blabbed about the theft to at least several persons and one of them sent an anonymous tip to the FBI. The result was that Rifkins $10.2 million bought him a long stay, full pension, at a hotel with iron curtains.

Invisible Assets

When I talk about hiding money, it goes without saying (but Ill say it anyway) that this applies equally to items such as stock certificates, loan documents, bonds, jewelry, pictures of former lovers, handguns, Canadian bank statements, silver rounds, valuable stamps, diamonds, Krugerrands, Maple Leafs, American Eagles, Lunar Rabbits, Panda Gold, or any other precious metals.

Attention All Burglars

In times past, I did indeed keep large amounts of cash at home. However, with the release of the first edition of Invisible Money, I had to limit some of my most secret ways of hiding money. Although not many people know where I live, some do. For that reason I now keep all cash elsewhere. There is no reason any longer for a burglar to target my home because I I now keep all cash elsewhere. In addition, Id added to my home:

Alarm devices;

Booby traps;

Closed-circuit television;

An actual train horn so loud that it can raise the dead!

As long as you can maintain silence keep some major cash on hand for a coming emergency . Now that you know why you should keep some cash at home, youre ready to learn how to hide it. But first, a few questions and answers for the unconvinced.

I just discovered my wife is having an affair with a lawyer who specializes in divorces! (She doesnt know I know this.) Im about to sell my Catalina sailboat for $95,000 but dare I ask the buyer to pay me in cash?

Asking for payment in cash might raise a red flag, so take the middle ground and request payment in the form of a cashiers check. Many cashier's checks have an expiration date, typically 90 days after the date of issue, but they don't truly expire at that point in time. Check with the issuing bank to make sure, but you can normally cash a cashiers check for up to three years. Now all you have to do is make sure those divorce papers get signed before the three years are up.

I like to party and frequently date. When my dates come to my house to meet me, I sometimes leave them in the living room while I finish powdering my nose. What if they start looking around?

What do you mean, if? Some will look around! Under no circumstances should you leave your purse, address book, calendar, cell phone, tablet, or laptop lying around when anyone is in your house who you dont know really well. Even relatives snoop. If you want to keep your private matters private, lock them up. Youve been warned!.